Levins Tax Law
Schedule your initial consultation:
866-485-7019

What the IRS may do about unfiled tax returns

Most Massachusetts residents would agree that they do not want to owe money to the government. Some people will avoid that possibility by not even filing their taxes. The problem with that is that when people have unfiled tax returns, they could fail to receive refunds or end up on the IRS's radar for unpaid taxes. While one of those options may not be so bad, failing to meet this financial obligation could prove expensive.

Missing one year's filing may not be that bad, especially if a return is filed the following year. A taxpayer may end up owing not only taxes but penalties and interest as well, but it may be better than not filing for several years. When individuals fail to file their tax returns, the IRS will most likely file one for them.

Employers are required to report income paid to employees, so the IRS will most likely have the information it needs in order to file an Automated Substitute for Return. This return will not take into account any deductions or credits of which a particular taxpayer may be able to take advantage. For this reason, it would be a good idea not to ignore a notice of ASFR from the IRS. 

Taxpayers have rights even when it comes to unfiled tax returns. They do not have to simply accept the assessments from the IRS. There are processes in place to give individuals the right to challenge them. Massachusetts residents who find themselves in this position may want to reach out to a tax attorney for assistance.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Resolve Your Tax Problems

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Framingham Office
1671 Worcester Road
Suite 304
Framingham, MA 01701

Framingham Tax Law Office

Boston Office
38 Newbury Street
6th Floor
Boston, MA 02116

Boston Tax Law Office

By Appointment Only